What all this misdirection fails to acknowledge of course is that cuts have only been necessary at all because of Labour's mismanagement of the economy including a failure to properly regulate the banks. In addition they allowed a huge structural deficit to develop in public spending.

Of course they have acknowledged this themselves. After all the last Labour Chancellor of the Exchequer, Alistair Darling planned cuts in public expenditure roughly comparable with those of the current Government.

The big difference between Labour's plans and those being implemented by George Osborne however, is that Labour would have made deeper cuts in the Welsh Assembly's budget, whilst their cuts to the Welsh Government's capital expenditure would have been deeper and faster than those currently in place.

It is funny how neither Mike Hedges nor the Welsh Government spokesperson mention any of this.

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